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The Home Depot, Inc., a leading home improvement retailer, disclosed its financial figures for the year ending 2023. The company's total assets amounted to $100
The Home Depot, Inc., a leading home improvement retailer, disclosed its financial figures for
the year ending 2023. The company's total assets amounted to $100 billion, with total liabilities
of $70 billion. Its net income for the year stood at $10 billion, and the shareholders' equity was
$30 billion.
a) Determine the company's debt-to-assets ratio.
b) Calculate the company's debt-to-equity ratio.
c) Find out the return on assets (ROA) percentage.
d) Calculate the return on equity (ROE) percentage.
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